Everspin Technologies, Inc.

NasdaqGM:MRAM Stock Report

Market Cap: US$171.4m

Everspin Technologies Management

Management criteria checks 2/4

Everspin Technologies' CEO is Sanjeev Aggarwal, appointed in Mar 2022, has a tenure of 3.67 years. total yearly compensation is $3.02M, comprised of 14.9% salary and 85.1% bonuses, including company stock and options. directly owns 0.81% of the company’s shares, worth $1.39M. The average tenure of the management team and the board of directors is 3.7 years and 3.7 years respectively.

Key information

Sanjeev Aggarwal

Chief executive officer

US$3.0m

Total compensation

CEO salary percentage14.89%
CEO tenure3.7yrs
CEO ownership0.8%
Management average tenure3.7yrs
Board average tenure3.7yrs

Recent management updates

Here's Why Shareholders May Want To Be Cautious With Increasing Everspin Technologies, Inc.'s (NASDAQ:MRAM) CEO Pay Packet

May 15
Here's Why Shareholders May Want To Be Cautious With Increasing Everspin Technologies, Inc.'s (NASDAQ:MRAM) CEO Pay Packet

Recent updates

Everspin Technologies, Inc. (NASDAQ:MRAM) Looks Inexpensive After Falling 30% But Perhaps Not Attractive Enough

Nov 15
Everspin Technologies, Inc. (NASDAQ:MRAM) Looks Inexpensive After Falling 30% But Perhaps Not Attractive Enough

Everspin Technologies: Is More Expensive Than It Looks At First

Sep 19

Everspin Technologies, Inc.'s (NASDAQ:MRAM) Shares Bounce 27% But Its Business Still Trails The Industry

Sep 16
Everspin Technologies, Inc.'s (NASDAQ:MRAM) Shares Bounce 27% But Its Business Still Trails The Industry

There May Be Reason For Hope In Everspin Technologies' (NASDAQ:MRAM) Disappointing Earnings

Aug 14
There May Be Reason For Hope In Everspin Technologies' (NASDAQ:MRAM) Disappointing Earnings

Everspin Technologies, Inc.'s (NASDAQ:MRAM) Price Is Right But Growth Is Lacking After Shares Rocket 25%

Jul 03
Everspin Technologies, Inc.'s (NASDAQ:MRAM) Price Is Right But Growth Is Lacking After Shares Rocket 25%

Here's Why Shareholders May Want To Be Cautious With Increasing Everspin Technologies, Inc.'s (NASDAQ:MRAM) CEO Pay Packet

May 15
Here's Why Shareholders May Want To Be Cautious With Increasing Everspin Technologies, Inc.'s (NASDAQ:MRAM) CEO Pay Packet

Everspin Technologies, Inc.'s (NASDAQ:MRAM) Shares Climb 28% But Its Business Is Yet to Catch Up

May 08
Everspin Technologies, Inc.'s (NASDAQ:MRAM) Shares Climb 28% But Its Business Is Yet to Catch Up

Calculating The Fair Value Of Everspin Technologies, Inc. (NASDAQ:MRAM)

Apr 05
Calculating The Fair Value Of Everspin Technologies, Inc. (NASDAQ:MRAM)

Everspin Technologies: A Speculative Play With More Downside Than Upside

Feb 27

Everspin Technologies' (NASDAQ:MRAM) Problems Go Beyond Weak Profit

Nov 06
Everspin Technologies' (NASDAQ:MRAM) Problems Go Beyond Weak Profit

Everspin Technologies (NASDAQ:MRAM) Is Experiencing Growth In Returns On Capital

Oct 30
Everspin Technologies (NASDAQ:MRAM) Is Experiencing Growth In Returns On Capital

Everspin Technologies: Trying To Get Over The Hump

Oct 11
User avatar

Expanding In Electric Vehicles And Tech Sectors Despite Margin Pressures And Market Risks

Everspin's entry into the electric vehicle market through STT-MRAM products addresses growing demands for high-density, fast memory, potentially enhancing automotive revenue streams.

At US$5.98, Is Everspin Technologies, Inc. (NASDAQ:MRAM) Worth Looking At Closely?

Sep 20
At US$5.98, Is Everspin Technologies, Inc. (NASDAQ:MRAM) Worth Looking At Closely?

Everspin: Potential AI Buildout Beneficiary, With Giveaway Valuation

May 13

Everspin Technologies: At An Attractive Price Once More (Rating Upgrade)

Apr 03

Everspin Technologies, Inc.'s (NASDAQ:MRAM) Shareholders Might Be Looking For Exit

Mar 06
Everspin Technologies, Inc.'s (NASDAQ:MRAM) Shareholders Might Be Looking For Exit

Everspin Technologies: Fair Price Point With An Exciting Market Opportunity

Jan 15

Are Investors Undervaluing Everspin Technologies, Inc. (NASDAQ:MRAM) By 49%?

Jul 03
Are Investors Undervaluing Everspin Technologies, Inc. (NASDAQ:MRAM) By 49%?

CEO Compensation Analysis

How has Sanjeev Aggarwal's remuneration changed compared to Everspin Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

-US$568k

Jun 30 2025n/an/a

US$2m

Mar 31 2025n/an/a

-US$183k

Dec 31 2024US$3mUS$450k

US$781k

Sep 30 2024n/an/a

US$2m

Jun 30 2024n/an/a

US$2m

Mar 31 2024n/an/a

US$8m

Dec 31 2023US$2mUS$450k

US$9m

Sep 30 2023n/an/a

US$8m

Jun 30 2023n/an/a

US$7m

Mar 31 2023n/an/a

US$5m

Dec 31 2022US$2mUS$400k

US$6m

Sep 30 2022n/an/a

US$9m

Jun 30 2022n/an/a

US$8m

Mar 31 2022n/an/a

US$7m

Dec 31 2021US$812kUS$269k

US$4m

Sep 30 2021n/an/a

-US$915k

Jun 30 2021n/an/a

-US$6m

Mar 31 2021n/an/a

-US$7m

Dec 31 2020US$416kUS$251k

-US$9m

Compensation vs Market: Sanjeev's total compensation ($USD3.02M) is above average for companies of similar size in the US market ($USD1.56M).

Compensation vs Earnings: Sanjeev's compensation has increased whilst the company is unprofitable.


CEO

Sanjeev Aggarwal (58 yo)

3.7yrs
Tenure
US$3,022,589
Compensation

Dr. Sanjeev Aggarwal, Ph D., serves as President & Chief Executive Officer of Everspin Technologies, Inc. since March 14, 2022 and serves as Director since March 2022 and served as its Director from March...


Leadership Team

NamePositionTenureCompensationOwnership
Sanjeev Aggarwal
President3.7yrsUS$3.02m0.81%
$ 1.4m
William Cooper
Chief Financial Officerless than a yearno datano data
Amit Shah
Vice President of Operations3.7yrsno datano data
Kerry Nagel
Vice President of Technology3.7yrsno datano data
Sean Dougherty
Vice President of Salesless than a yearno datano data
3.7yrs
Average Tenure

Experienced Management: MRAM's management team is considered experienced (3.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sanjeev Aggarwal
President3.7yrsUS$3.02m0.81%
$ 1.4m
Lawrence Finch
Independent Director17.4yrsUS$178.62k2.03%
$ 3.5m
Douglas Mitchell
Independent Director1.8yrsUS$280.19k0.062%
$ 105.9k
Geoffrey Ribar
Independent Director6.9yrsUS$193.25k0.44%
$ 746.1k
Tara Long
Independent Director3.7yrsUS$185.94k0.29%
$ 495.3k
Darin Billerbeck
Chairman of the Board7.3yrsUS$207.56k0.54%
$ 930.5k
Glen Hawk
Independent Director3.7yrsUS$188.37k0.29%
$ 495.3k
3.7yrs
Average Tenure
65yo
Average Age

Experienced Board: MRAM's board of directors are considered experienced (3.7 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/23 03:29
End of Day Share Price 2025/11/21 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Everspin Technologies, Inc. is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Matthew RamsayCanaccord Genuity
Richard ShannonCraig-Hallum Capital Group LLC
Nathaniel Quinn BoltonNeedham & Company